2026: Ripple (XRP) Millionaire Wallets Increase…Large Investors Continue Accumulating

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Although the price of XRP (Ripple) continues to show a sluggish trend, 'millionaire wallets' holding over 1 million XRP have actually increased since 2026. This is analyzed as a continuous accumulation by large investors rather than speculative buying.

According to crypto media outlet Finbold on July 8 (local time), wallets holding over 1 million XRP, based on XRP Rich List data, totaled 2,018 as of July 8. This is an increase of 21 from 1,997 on January 18, representing a 1.05% increase over approximately six months. The outlet evaluated this as a sign that large investors continued to accumulate XRP despite challenging market conditions.

The increase was led by medium-sized whale investors rather than super-large whales. Wallets holding 20 million to 100 million XRP increased from 234 to 247, and wallets holding 1 million to 5 million XRP, which account for the largest proportion, also increased from 1,333 to 1,347. In contrast, wallets holding over 1 billion XRP remained unchanged at 6, while wallets holding 500 million to 1 billion XRP decreased slightly from 19 to 18, and wallets holding 100 million to 500 million XRP decreased from 63 to 62. Accordingly, the outlet analyzed that this increase was driven by the consistent accumulation of medium-sized investors rather than super-large whales.

The outlet explained that in the first half of 2026, XRP's price showed limited movement, mostly in the $1.50-$2 range, unlike the strong upward trend of last year. It was analyzed that the rate of increase in new millionaire wallets was limited because acquiring 1 million XRP at this price range required approximately $1.5 million to $2 million. Additionally, the possibility was raised that a significant portion of XRP's supply is concentrated in accounts related to large investors, institutions, exchanges, and Ripple, and XRP investment funds absorbed some demand, preventing a large increase in on-chain wallets.

Meanwhile, the XRP price is still struggling to defend the $1 support level. As of the time of writing, XRP was trading at $1.08, down more than 4% over 24 hours. The price fell below both the 50-day Simple Moving Average (SMA) of $1.19 and the 200-day SMA of $1.48, indicating a mid-to-long-term downward trend. However, the 14-day Relative Strength Index (RSI) remained in the neutral zone at 52.34, suggesting it is neither overbought nor oversold.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*